BUCHAREST, November 22, 2016 – There will be a modest increase in GDP growth in 2016 for countries in the Europe and Central Asia (ECA) region. Low oil and other commodity prices in the eastern half o...

WASHINGTON, October 25, 2016 – Economies of the Europe and Central Asia region place among the top improvers in the World Bank Group’s ease of doing business report. All but one of the region’s 25 eco...

MINSK, October 25, 2016 – Belarus placed among the top ten countries in implementing business-friendly reforms, according to the World Bank Group’s Doing Business Report 2017. Since the first publicat...

Belarus serves as an important transit corridor for the Europe and Central Asia region. Well-kept roads connect people to public amenities and reduce travel time, vehicle operation costs, and accident...

Young Chul Kim, World Bank Country Manager for Belarus, spoke to Andrew Wrobel of Emerging Europe about the opportunities for sustained growth that exist in Belarus and the changes the country is maki...

Chisinau, June 7, 2016 – Ms. Satu Kahkonen, the newly appointed Country Director for Belarus, Moldova and Ukraine, together with Mr. Qimiao Fan, who was recently appointed as Country Director for Bang...

Recent Developments The slump in oil prices is increasing pressure on key oil exporters, including Azerbaijan, Kazakhstan, and Russia. Recent data point to continued weakness across much of the region...

Minsk, June 2, 2016 — Mr. Cyril Muller, World Bank Regional Vice President for Europe and Central Asia, concluded today his first official visit to Belarus to exchange views on the country’s key devel...

Minsk, April 28, 2016 – Recession in Russia and low commodity prices have had a major impact on Belarus’s economy. The economy is expected to contract by 3 percent in 2016 and by 1 percent in 2017 as ...

End-of-Mission press releases include statements of IMF/World Bank staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF a...